Prepare to BUY Spot IOTA (W Cycle)🚀 Prepare to BUY Spot IOTA (W Cycle)
🌟 IOTA is entering a new W cycle – A great opportunity for mid-term gains! 🌟
🌍 Market Overview:
IOTA is showing strong potential for a bullish trend on the W timeframe. This provides a favorable opportunity to enter at a low price and ride the upward momentum.
📊 Trade Plan:
📌 Entry Point:
Around 0.24$ - $0.32 – An optimal range for accumulation.
With Indicator: Follow a confirmed trend signal from your setup for precision.
🎯 Target:
$0.7 – Targeting a significant profit of over 100%.
⏳ Hold Time:
3–5 weeks – Strategically aligned with the projected W cycle movement.
💡 Note:
Leverage your indicator for a more precise entry, or follow the suggested price range to secure a position in this trade.
🔥 IOTA is set to take off – Don’t miss this short-to-mid-term opportunity! 🔥
IOTUST.P trade ideas
The Continued Stagnation Of IOTA Token PriceIOTA came in 2015 with an aim to revolutionize the landscape of crypto-verse. Its unique Tangle technology is different from the traditional blockchain structure. Its innovative DLT system enables feeless transactions and scales efficiently as more users engage. Its focus on scalability, decentralization, and security, will make the protocol backbone for Web 3 . It also delivers tools for creating and managing layer 2 EVM chains.This has gained significant attention from both the crypto community and industry stakeholders, positioning IOTA as a frontrunner in the future of decentralized technologies.
IOTA Bulls on the Move! 🐂 Breakout Alert 🚀💎 IOTA has recently broken out of a resistive trendline and formed an inverse head and shoulders pattern, which increases the probability of a reversal.
💎If IOTAUSDT breaks out above the resistant zone, we can anticipate targets until the next resistant levels. In the event of a pullback, we can expect a bounce from the bullish OB, but confirmation via bullish candlestick patterns is essential.
💎However, if the bullish OB breaks down, it would be prudent to withhold action on IOTA and wait for clearer price action to emerge.
IOTA (MIOTA) Reversal Pattern IOTA (MIOTA) Price Prediction 2022
IOTA (MIOTA) holds the 64th position on CoinGecko right now. MIOTA price prediction 2022 is explained below with a daily time frame.
The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trendlines are drawn. One of the main features of the falling wedge pattern is the volume , which decreases as the channel converges.
Currently, IOTA (MIOTA) is at $0.2128. If the pattern continues, the price of MIOTA might reach the resistance level of $0.5758 If the trend reverses, then the price of MIOTA may fall to $0.1964
Happy Trading
IOTA/USDT(Breakout is About to Happen)•IOTA is trading around $1.3 and it has fallen by 40% in past 45 days
•The price is above 200 day moving average,which is considered as an uptrend
•The price is close to the falling trend line and since we are above EMA200 so it's most likely to test the uppar resistance line
•It's still possible to test EMA200 support before the breakout and that will be good buying opportunity in spot
•We will consider it bullish after breaking $1.35 - $1.4 price level so if you are looking to safely buy then do that after breakout at the given price levels
•Those who can risk a bit can buy IOTA at EMA200 retest around $1.2.We can see price $1.8 - $2 in coming month
💡Don't miss the great buy opportunity in IOTAUSD @iota
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2663).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTAUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5745
TP2= @ 1.8226
TP3= @ 2.1680
TP4= @ 2.3656
TP5= @ 2.6258
SL= Break below S2
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IOTA possible return to buy zone ?HAPPY CHRYSALIS.
Possible return to buy zone number 1 : 1.27$ - 1.57$ range (dumbzone).
We ideally look for 1$ - 0.65$ (smart-money zone).
YOU MUST ACCUMULATE IOTA. YOU MUST ACCUMULATE IOTA. YOU MUST ACCUMULATE IOTA. YOU MUST ACCUMULATE IOTA.
NOT FINANCIAL ADVICE
TRADE SAFE!
Morpheus.